Median days on market drops to lowest point in years

The median days on the market hit 29 Days in April, the lowest level since tracking began in 2011 and 10 days faster than the same time last year. Source: National Association of Realtors, REALTORS Confidence Index

What Matters Most To Home Buyers [Inforgraphic]

What Matters Most To Home Buyers A growing popularity of urban housing in some metropolitan areas suggests that an increasing portion of home buyers desire more urban-style amenities. Key characteristics home buyers defined as “very important” 39% – Walkability 32% – Proximity to Work 26% – Neighborhood Diversity 25% – Access to Public Transportation Check out […]

West leads Nation in Existing-Home Sales & Prices

Limited supply of available homes for sale kept home prices on the rise Nationally while existing home sales slipped in parts of the country most affected by severe weather. On a National level, existing-home sales were down 0.4% in February compared to January, and 7.1% lower than February 2013.  The median home price in February […]

3 Reasons NOT To Buy Real Estate Today

It may be counter intuitive for a real estate professional to suggest clients not buy a home yet that is exactly what I’ve advised a half-dozen of my clients for the time being. Last week I shared the historical view that San Diego’s current real estate market is not a Housing Bubble but that does not […]

CA Equity Home Sales On A Roll

Four out of very five homes for sale in California were equity sales in July. This trend of traditional sales has been on the rise for 17 of the past 18 months according to the CALIFORNIA ASSOCIATION OF REALTORS®.

3 Reasons Why Home Sellers May Miss the Boat

With home prices steadily rising in most areas of the country, a lack of inventory of homes for sale, and plenty of demand from buyers before the spring selling season even begins, some home sellers may find themselves missing the boat all together. If you follow the hosing market regularly, you may have noticed a change of tone from the […]

Headlines in Real Estate for week ending February 8th 2013

As prices continue to push higher, FHA continues to raise its reserves passing the cost on to new borrowers which could leave many wouldbe home buyers on the outside looking in. Here are the real estate headlines you may have missed this week: FHA to hike premiums on mortgages CNNMoney The Federal Housing Administration, which […]

Headlines in Real Estate for week ending February 1st 2013

Home prices post biggest jump in six years CNNMoney Home prices in 20 major cities were up 5.5 percent in November compared with a year earlier, their biggest jump in more than six years. Read the full story First Time Buyer’s Top 3 Questions Answered Di Matteo Group First-time home buyers entering the housing market […]

December Existing-Home Sales Down but Who Cares

Existing-home sales dipped slightly in December and that may be news worthy but among the data delivered Tuesday by the NATIONAL ASSOCIATION of REALTORS®, there is a much more important take away. Here are the most significant points of NAR’s release. December’s existing-home sales, which do not include new construction were down 1% month-over-month however, year-over-year sales […]

Interest Rates, how long can a trend continue

If you’ve heard anyone speak on the topic of interest rates for the past year or so you may have heard the phrase “all time low” here and there. The fact is we have experienced several all time lows for a couple of years which have helped the housing market regain it’s footing since its collapse […]